German FAZ: Unrest over electric car quotas in England008202

There is growing concern among car manufacturers about punitive quotas for electric car sales in the UK. Some manufacturers are urging the Labor government to relax the requirements, but so far Transport Minister Louise Haigh has shown only limited willingness to be more flexible. This year, car brands must sell at least 22 percent of… Continue reading German FAZ: Unrest over electric car quotas in England008202

Industrial HVAC Market to Grow by USD 7.01 Billion (2024-2028), Driven by Demand for Energy-Efficient Systems, Market Evolution Powered by AI – Technavio

NEW YORK, Nov. 21, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global industrial HVAC market size is estimated to grow by USD 7.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.63% during the forecast period. Increasing demand for energy-efficient hvac systems is… Continue reading Industrial HVAC Market to Grow by USD 7.01 Billion (2024-2028), Driven by Demand for Energy-Efficient Systems, Market Evolution Powered by AI – Technavio

In high-wage Germany, VW’s labour costs outstrip the competition

The dataunderscores the company’s challenge to remain competitive in its pricey home market as cheaper models from China arrive. As Volkswagen and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker spends a higher proportion of sales… Continue reading In high-wage Germany, VW’s labour costs outstrip the competition

Information relative au nombre total de droits de vote et de capital – 31 octobre 2024

Informations relatives au nombre total de droits de vote et d’actions prévues par l’article L. 233-8-II du Code de commerce et l’article 223-16 du Règlement général de l’Autorité des marchés financiers Dénomination sociale de l’émetteur : Renault S.A.122 – 122 bis Avenue du Général Leclerc92100 Boulogne-Billancourt (Code ISIN : FR0000131906 – RNO) Date Nombre d’actions composant… Continue reading Information relative au nombre total de droits de vote et de capital – 31 octobre 2024

EVs drive Volkswagen Group’s strong European sales in October

The European new car market remained stable in October. According to JATO Dynamics’ data for 28 European markets, the number of new car registrations decreased by just 0.1% to 1,040,390 units compared to figures from October 2023. Year to-date new passenger car registrations rose by 1.1% to a total of 10,796,414. According to Felipe Munoz,… Continue reading EVs drive Volkswagen Group’s strong European sales in October

Nissan wants ‘urgent’ action on ZEV mandate after government talks

Nissan has called for the UK government to make urgent changes to the Zero Emission Vehicle (ZEV) mandate, warning that failing to do so risks “undermining the business case” for future investment. Representatives from the Japanese firm were among a number of manufacturers who met with transport secretary Louise Haigh and business secretary Jonathan Reynolds today… Continue reading Nissan wants ‘urgent’ action on ZEV mandate after government talks

Visteon launches 30 products in Q3 including Tata Punch Camo edition’s infotainment system

Technology solutions provider Visteon has reported net sales of $980 million (Rs 8,164 crore) in the third quarter of CY2024. The company has stated that in a challenging market environment, it has “delivered 6% outperformance relative to customer vehicle production, driven by strong demand for digital cockpit and electrification products. Our market outperformance was offset… Continue reading Visteon launches 30 products in Q3 including Tata Punch Camo edition’s infotainment system

Pomerantz Law Firm Reminds Participants in the Mitsubishi Chemical America Retirement Plan of the Pending Lawsuit

NEW YORK, Nov. 20, 2024 /PRNewswire/ — On behalf of a plan participant, we have filed a lawsuit against Mitsubishi Chemical America Retirement Plan administrators alleging that they breached their fiduciary duties owed to you. Specifically, we allege that the plan’s administrators invested plan assets in a manner not prudent for participants’ retirement savings and/or may… Continue reading Pomerantz Law Firm Reminds Participants in the Mitsubishi Chemical America Retirement Plan of the Pending Lawsuit

Toyota unveils new bZ7 EV in China, a surprisingly stylish electric sedan

A new all-electric Toyota model made its first appearance at the Guangzhou Auto Show this week. The Toyota bZ7 concept is a sleek electric sedan that will likely use BYD batteries and motors in China. Meet the new Toyota bZ7 EV concept Like most legacy automakers, Toyota is battling to stay afloat in China as… Continue reading Toyota unveils new bZ7 EV in China, a surprisingly stylish electric sedan